I don't think he got mixed up with CNP and CER, but aprt from target price I like the following statement.
"Its current price being under 10cents will create more millionaires that any other stock has done in recent history."
I am not sure how many millionaires were created by PDN when investors bought this for under 10 cents.
He also says, "The debt ridden Centro is a gold mine for those who can take risk." But I don't find much risk at current prices with their debt stabilization plan under control.
CER Price at posting:
7.9¢ Sentiment: None Disclosure: Held